Why You Can’t Pay Your Bills With Accounts Receivable

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Real Lawyers by How To MANAGE A Small Law Firm

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What happens when you lose track of your numbers and end up with an accounts receivable nightmare? It might look like money is flowing, but if your accounts receivables are as high as your gross profit, you’ve got a big problem! The harsh truth of this trap? You’re essentially working for free! Attorney Liisa Speaker joins Rjon to talk about how she ended up with over a quarter of a million dollars in AR and what she did to fix it.